The fresh resurgence of Covid-19 cases and Fed’s Meeting Minutes drove USD/ZAR above the psychological mark of 15.00.
Tag - fundamental analysis
Bank of England will make a policy statement on Thursday at 14:00 MT (GMT+3). It’s widely expected that the bank may taper its quantitative easing programme, by cutting asset purchases.
GBP/USD consolidates gains around 1.3950 amid firmer US dollar.
The USA will publish its Advance GDP growth at 15:30 MT (GMT+3). If the data is really stronger-than-expected, the USD will get another stimulus to rise and EUR/USD will fall.
The UK has published a set of encouraging economic data on Friday. UK Retail Sales came out with better-than-expected data as well as PMI reports.
Another all-time high has juts been reached by the famous crypto asset. What next? $100,000?
USD/CAD is eyeing 1.2900. What’s next?
Most analysts claim EUR/USD will dip to 1.2000. After that, the pair should reverse to the upside.
WTI oil pulled back after it surged above $52.00 for the first time since February. What's next?
XAU/USD went back above $1 850 after it reversed from the 200-day moving average.
The Brexit deal can be reached on December 24, according to media reports.
The new Covid-19 strain has been found in the United Kingdom. The market sentiment immediately worsened after the report and pressed EUR/USD down.